Exercise of Warrants and Total Voting Rights

RNS Number : 8212T

Gfinity PLC

29 March 2021

 

29 March 2021

Gfinity plc

("Gfinity" or the "Company")

Exercise of Warrants and Total Voting Rights

Gfinity plc (AIM: GFIN), a leading esports and gaming solutions provider, announces that it has received warrant exercise notices in respect of 80,000,000 new ordinary shares of 0.1 pence each in the capital of the Company ("New Ordinary Shares") with an exercise price of 1 penny per share, providing the Company with proceeds of £800,000.

Application has been made for admission of the New Ordinary Shares to trading ("Admission"), expected to be effective 6 April 2020. Following Admission, the total number of Ordinary Shares and voting rights in the Company will be 876,513,252. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

ENDS

Enquiries:	www.gfinityplc.com
John Clarke, Chief Executive Officer	Via Teneo
Gfinity investor relations	[e-mail]
Canaccord Genuity Limited -    AIM Nominated Adviser and Broker	Tel: [phone]
Bobbie Hilliam / Georgina McCooke
Teneo -    Media	Tel: [phone]
Anthony Di Natale	[e-mail]

About Gfinity

Gfinity (AIM: GFIN) is a world leading esports business. Created by gamers for the world's 2.7 billion gamers, Gfinity has a unique understanding of this fast-growing global community.  It uses this expertise both to provide advisory services and to design, develop and deliver unparalleled experiences and winning strategies for game publishers, sports rights holders, commercial partners and media companies.

Gfinity connects its partners with the esports community in authentic and innovative ways. This consists of on‑ and off-line competitions and industry‑leading content production. Relationships include EA SPORTS, Activision Blizzard, F1 Esports Series and the Forza Racing Championship.

Gfinity connects directly with tens of millions of gamers each month through its digital media group, Gfinity Digital Media.  Gfinity Digital Media includes websites such as: Gfinityesports, RealSport101 , StealthOptional, RacingGame.gg and Epicstream and their respective social channels.

All Gfinity services are underpinned by the Company's proprietary technology platform delivering a level playing field for all competitors and supporting scalable multi-format leagues, ladders and knockout  competitions.

 

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